Tagged: auditing

DLT: EY Announces General Availability of EY Blockchain Analyzer, the Reconciler

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The EY organization recently announced the production release of the third generation of EY Blockchain Analyzer: Reconciler. This updated version has been “migrated into blockchain.ey.com and is now available for the first time to EY non-audit clients and continues to support the EY Audit teams.”… Read More

Paytm Shares Fall to All-Time Low Following RBI’s Orders Preventing Fintech from Onboarding New Clients

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The Reserve Bank of India (RBI) has reportedly instructed Paytm Payments Bank to stop onboarding new clients and to also hire an IT audit company while citing “supervisory concerns.” In an official statement, the RBI stated that Paytm Payments Bank should stop taking on new… Read More

Galina Likhitskaya: VP, Operation and Product at HashEx Discusses Importance of Online Security, Smart Contract Use-Cases

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We recently connected with Galina Likhitskaya, Vice president, Operation & Product at HashEx, an audit and consulting firm for blockchain or distributed ledger tech (DLT)-enabled projects. Galina talked about the importance of following the best or highest online security standards. She also discussed how smart… Read More

KPMG has Been Awarded Patent for Chain Fusion, a Suite of Analytics Capabilities for Crypto-Asset Data, Infrastructure Products

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KPMG has been awarded a patent for Chain Fusion. KPMG LLP confirms that the patent was provided by the United States Patent and Trademark Office for Chain FusionTM, which is a suite of advanced analytics capabilities developed on crypto-asset data and infrastructure products. The solution… Read More

Digital Assets Firm Anchorage Successfully Completes its SOC 1 Type 1 Assessment, a Marker for “Excellence” in Financial Services

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Anchorage, a company that aims to help institutional clients with adopting digital assets, has announced that it has passed another significant milestone on its journey as the leading crypto-asset platform for institutional investors. Jennifer Lee, Head of Compliance at Anchorage, confirmed that the company has… Read More

BitGo Announces Adoption of Chainlink to Enable Wrapped Bitcoin On-Chain Auditing

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BitGo, digital asset financial services provider, announced on Thursday  it is adopting oracle network, Chainlink, to provide on-demand, definitive truth around the collateralization of “Wrapped Bitcoin” (WBTC). BitGo revealed that over the past year it has bridged close to $1 billion onto the Ethereum blockchain… Read More

Blockchain-enabled Smart Contract Auditing Solution Developer ChainSecurity Partners PwC to Streamline Auditor’s Services

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The blockchain-enabled smart contract auditing solution developers at ChainSecurity have teamed up with the Switzerland-based division of Big Four auditing company PricewaterhouseCoopers (PwC), in order to streamline the services the multinational auditor provides. According to statements shared with Cointelegraph, a PwC representative confirmed that no… Read More

Alon Muroch: CEO of Blox, a Crypto Accounting Platform, Reveals Common Accounting Mistakes Crypto Holders Make in Tax Filings

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Individuals and organizations that use digital cryptocurrencies must begin reporting capital gains, and comply with regulatory guidelines. Firms must also implement appropriate auditing and accounting procedures for crypto assets and report such transactions to tax authorities.  On October 9, the Internal Revenue Service IRS released… Read More

PwC Launches Auditing Crypto Transactions Tool

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PwC announced on Thursday the launch of its solution, Halo, for cryptocurrency auditing. According to PwC the Halo solution can provide independent, substantive evidence of the “private key and public address pairing.” Halo can also securely interrogate the blockchain to independently and reliably gather corroborating… Read More

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